Preliminary communication

Regional competitiveness, economic growth and stages of development

Robert Huggins ; School of Planning and Geography, Cardiff University, Cardiff, UK
Hiro Izushi ; Aston Business School, Aston University, Birmingham, UK
Daniel Prokop orcid.org/0000-0002-6394-6149 ; School of Planning and Geography, Cardiff University, Cardiff, UK
Piers Thompson ; Nottingham Business School, Nottingham Trent University, Nottingham, UK

Abstract

This paper positions the concept of regional competitiveness within theories
concerning regional economic growth and stages of economic development. It
examines the sources of regional competitiveness encompassing an analysis based
on the particular stage of economic development that the nations within which
regions are situated have reached. As a means to achieve this, the paper undertakes
an empirical analysis of data stemming from the World Competitiveness Index of
Regions, and identifies regional competitiveness as a dual concept that explains
relative differences in rates of economic development across regions, as well as an
understanding of the future economic growth trajectories of regions at a similar
stage of economic development. As with endogenous growth and development
theory, the notion of regional competitiveness presented here places knowledge,
innovation and entrepreneurship at the forefront of conceptualisations of regional
economic differentiation.

Keywords

Regional competitiveness; economic growth; stages of development; innovation; knowledge

Hrčak ID:

131535

URI

https://hrcak.srce.hr/131535

Publication date:

22.12.2014.

Article data in other languages: croatian

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